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Audit and Risk Committee

The Audit and Risk Committee is set up by and reports to Council

The Committee’s purpose is to provide oversight to ensure that:

  • key risks are identified and addressed, and
  • the Institute and Faculty of Actuaries (IFoA) adopts a sound approach to financial management and reporting.

The Committee's key responsibilities are detailed in its Terms of Reference.

The Committee comprises two lay members and two members of Council

The current members are:

  • Trevor Spires - Lay Chair
  • Donall Curtin - Lay member
  • Kalpana Shah - Council member
  • Kartina Tahir Thomson - Council member

James Harrigan is the Committee Secretary.

The IFoA's internal and external auditors attend all meetings of the Committee, as do relevant members of the Executive (Director of Operations, Head of Finance, Chief Risk Officer).

Under our governance arrangements, membership is restricted to lay members (ie non-actuaries) and to members of Council.  As such, vacancies on the Audit and Risk Committee are not advertised to members of the IFoA.

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Contact Details

Jo Jones, Deputy Chief of Staff provides the Secretariat to the Executive Leadership Team

I will try to respond to email queries within five working days.

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Start date
E.g., 16/10/2021
End date
E.g., 16/10/2021

Events calendar

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Spaces available

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

  • Spaces available

    In this webinar, we will discuss how cause-of-death data from the Office for National Statistics can help us to understand how inequalities arise at the all-cause level. The key to understanding mortality inequality is to think about the chain that connects risk factors, relative risks, and cause-of-death mortality through to all-cause mortality.

  • Spaces available

    The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.

  • Spaces available

    The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.

  • GIRO 2021 Webinar Series

    8 November 2021 - 19 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.

  • Spaces available

    Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.